Fact Sheet

Local Impact: State-by-State Medicaid Spending on Prescription Medicines

Local Impact: State Medicaid Spending on Medicines

PhRMA December 18, 2015

We’ve talked before about how prescription medicines comprise a small share of Medicaid spending. In recent years new life-changing, innovative medicines have come to market to help patients live longer, healthier lives. But even with spending on these new medicines, Medicaid spending on prescription medicines is low. In fact, Medicaid programs spent on average just 4.5 percent on prescriptions drugs in 2015.